LoanSafeMods.com: REST Report Helps Homeowners Better Understand Their Modification Options

The REST Report has helped thousands of people to get a better understanding of the options available to them to avoid foreclosure. A new video review on LoanSafeMods.com shows how this useful tool can help homeowners present their information in a way that will speed up the approval of their mortgage modification request.

San Diego, CA (PRWEB) March 23, 2013

LoanSafeMods.com offers support to struggling homeowners by providing the REST Report, live online support and other useful tools and information. The REST (Real Estate Services and Technology Report) is a third party analytics tool that takes current data from all available government and proprietary loan modification programs and runs it against the financial information submitted by the homeowner.

The system quickly analyzes all the info and creates a report showing exactly what the homeowner does or does not qualify for in terms of mortgage modification programs or other foreclosure alternatives.

Most people go into the mortgage modification process effectively blind. They submit their application, along with their hardship letter, their paycheck stubs and tax records, and anything else needed to hopefully create a clear picture of their financial situation.

However, they can never be sure exactly what the bank or lending institution is looking for. They don’t know if they will qualify for the modification or not and since they will often not get an answer to this question for many months, they live in fear that they will be denied their modification and have to settle for a short sale or deal with foreclosure.

LoanSafeMods’ REST Report puts an end to this uncertainty. Within just 3 days, a homeowner can know exactly what they qualify for and how the bank will view their application. LoanSafeMods.com recently released a number of video reviews from homeowners who were helped by the REST Report, one of which is from Linda, a single mother who lives with her young daughter in Oceanside, California.

Linda struggled for two years trying to apply for a modification. Every three months or so she would be asked to resubmit her application, which was very frustrating as it took a lot of effort to find all the info and crunch all the numbers again. In her video review Linda says:

"It was so perplexing to me because I had enough income, I had all the criteria and they kept telling me 'You have to resubmit, it's been three months. You have to send in a new application.' I think I applied at least 3, maybe 4, times!"

She says that she was afraid she would lose her home, and that her and her daughter, who was born and raised in that house, would have to find somewhere else to live.

“We were in limbo the whole time. We had no idea what was going on and it was just scary to think we'd be out the door anytime."

Finally Linda tried the REST Report from LoanSafeMods.com. She says in her video:

“When I first heard about the REST I wasn't sure what it was going to be, but I knew I needed to understand the numbers better because no one at the bank was explaining it to me.”

She explains how frustrating it was that she kept getting delayed for one reason or another, but her bank which had all the information, wouldn’t tell her what the problem was. She continues:

“So I had a REST Report done and I looked at it and it was the first time that the process made any sense to me. It was very helpful!”

Finally Linda had some answers. She says “I was really excited when I saw that I qualified in the REST Report because no one at the bank would tell me what was going on. And there it was in black and white. The numbers made sense! So it was just a matter of getting it to the right person at the bank and it was a done deal within a few weeks!”

Now Linda can afford to keep her home at only $2,100 per month instead of $3,000. She ends her REST review saying:

“The REST Report saved my day. It made everything great for my daughter and myself. Thank you so much!”

Linda’s story is not unique. Thousands of others have found success using the REST Report. Find out more about this very useful tool by visiting LoanSafeMods.com.


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